Monthly Archives: November 2016
Starboard Value up more than 10 percent, led by Depomed stake
(The Business Insider) Reuters reports Starboard Value, the activist hedge fund behind shake-ups at Yahoo Inc and Marvell Technology Group Ltd , has notched an investment return of more than 10 percent this year on the back of boardroom deals […]
Hedge Fund Performance Loses Momentum in October, Says Preqin
(Hedgeweek) The hedge fund industry saw its lengthy run of positive performance taper off in October, as funds recorded net returns of just 0.01 per cent, according to data released by Preqin. Most leading strategies recorded modest gains, with credit […]
SEC Chair Mary Jo White Announces Departure Plans
(HedgeCo.Net) SEC Chair Mary Jo White, after nearly four years as the agency’s head, today announced that she intends to leave at the end of the Obama Administration. Under Chair White’s leadership, the Commission strengthened protections for investors and the […]
Gundlach: Trump Has No ‘Magic Wand’ to Spur Growth
(FinAlternatives) Bond maven and DoubleLine Capital CEO Jeffrey Gundlach warned on an investor webcast Tuesday that Donald Trump’s popularity could fade if the new president-elect can’t spur economic and job growth quickly enough to meet the high expectations of his […]
Lone Star Funds Closes Tenth PE Fund at $5.6B
(FinAlternatives) Dallas-based distressed asset specialist Lone Star Funds has raised $5.6 billion in capital commitments for its tenth private equity fund. To read this article:
Eurekahedge: Hedge Funds Down -0.48% in October, Up 2.85% YTD
(FinAlternatives) Hedge funds posted their first decline in seven months in October, according to the latest reading of Eurekahedge’s Hedge Fund Index, although managers still outperformed underlying markets for the period. To read this article:
Asia’s Hedge Funds Suffer Highest Withdrawals in Four Years
(Bloomberg) Asia’s hedge funds had the highest investor withdrawals last month in more than four years as the industry is struggling with lackluster returns. Hedge funds investing in Asia excluding Japan suffered net outflows of $2.1 billion, or 1.3 percent […]
Hedge-Fund Love Affair Is Ending for U.S. Pensions, Endowments
(Bloomberg) About five years ago, Kentucky started investing some of its public-employee pension money with hedge funds. Sure, fees were high but the funds came with the lure of high returns and could serve as a buffer if the market […]
The Long and Short of Long-Short Dividend Investing
(Daily Alts) Financial advisors, fill in the blank: retirement ______? If you said “income,” you have plenty of company. After all, while many retirees and pre-retirees hope to use their accumulated wealth to leave an estate, give to charity and […]
JPMorgan: Hedge Fund Exposure After Election
(Valuewalk) Hedge fund exposure to stock sectors and was adjusted after the US Presidential election, a JPMorgan Prime Brokerage survey shows. Immediately following the election, hedge funds could be seen making decided plays relative to stock sector categories which implied […]
Free Float Pays Off as London Hedge Fund Returns to Egypt
(Bloomberg) London hedge fund GAM UK Ltd. didn’t want to touch Egyptian debt during the years of political upheaval that followed the Arab Spring.Now, money manager Denise Prime is among European investors making their way back. Since Egypt floated its […]
Connecticut Approves Aid Package for 2nd Hedge Fund
(ABC News) For the second time in six months, a Connecticut panel approved giving taxpayer money to a hedge fund in exchange for promises to keep and add jobs in the state. On Tuesday, the State Bond Commission gave the […]